Dunelm Group (OTCMKTS:DNLMY) Shares Gap Down – What’s Next?

Shares of Dunelm Group (OTCMKTS:DNLMY) gapped down prior to trading on Thursday. The stock had previously closed at $12.48, but opened at $11.50. Dunelm Group shares last traded at $11.50, with a volume of 100 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research lowered Dunelm Group from a “hold” rating to a “strong sell” rating in a report on Friday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Dunelm Group Price Performance

The stock’s 50-day moving average is $11.09 and its two-hundred day moving average is $11.38. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.25 and a current ratio of 1.02.

Dunelm Group Company Profile

Dunelm Group plc is a United Kingdom-based homewares retailer that sells products for furnishing, decorating and improving the home. Its range includes furniture, bedding, curtains, blinds, kitchenware, lighting, home décor, storage products, bathroom accessories and garden items, with products offered under the Dunelm brand and selected specialist or own-label ranges.

The company serves customers through a nationwide network of stores and its digital retail platform. Dunelm also provides services such as home delivery, click-and-collect and made-to-measure curtains and blinds.